Videocon  Telecom Ltd (VTL) is selling 5 MHz of 1800 MHz spectrum each in UP-West and Gujarat circles to Idea Cellular for Rs Rs 3310 crore through a spectrum trading pact, the company announced Tuesday. Videocon Telecom holds liberalised and … Continue reading

India will sell shares in some state-run companies when market conditions improve, Finance Minister Arun Jaitley said on Monday, as the government struggles to meet its asset sales target that is crucial to help plug its deficit. India has raised … Continue reading

Lenders who are owed more than USD 1 billion by grounded carrier Kingfisher Airlines Ltd are putting up for sale some of its assets including cars and forklifts. An auction notice appeared on Saturday on the website of the trustee … Continue reading

The Seventh Central Pay Commission has recommended a 23.55% increase in the pay and pensions of nearly 47 lakh government employees and 52 lakh retirees that could result in a demand-led economic boost but significantly challenge India’s ongoing fiscal consolidation … Continue reading

Shares of Hero MotoCorpBSE 0.76 % ended the day with gains of nearly 1 per cent after the two-wheeler major clocked over 10 lakh units in retail sales during the festive season this year. At the end of today’s trading … Continue reading

French police widened their manhunt to include another fugitive they say took part in the attacks in Paris, as new details emerged about the organizing of the plot in the days before the onslaught. News of another suspect at large … Continue reading

Gold fell for a twelfth session out of thirteen on Friday, trading close to a near-six-year low on rising bets that the Federal Reserve would hike US rates next month and as investors pull out of bullion-backed funds. Spot gold … Continue reading

India and the UK today announced deals worth 9-billion pound as they signed a civil nuclear pact and decided to collaborate in the field of defence and cyber security besides launching a railway rupee bond. British Prime Minister David Cameron … Continue reading

The government on Tuesday eased the regulations for foreign direct investment (FDI) in key sectors such as single-brand retail, banking, construction, media and airlines, ahead of Prime Minister Narendra Modi’s scheduled UK visit. Fifteen areas and 32 investment points will … Continue reading

Swiss packaged food maker Nestlé SA’s Indian unit, Nestlé India Ltd, on Monday said it has started rolling out Maggi noodles at retail outlets across the country, barring the eight states where it was banned. The company said that it … Continue reading

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